WESTBOROUGH, Mass. — Shares of BJ's Wholesale here shot up more than 12% Thursday as the company said it was considering a possible sale of the company, confirming recent speculation that the club-store operator would put itself on the block. In a prepared statement, the company said a committee of independent directors has engaged Morgan Stanley to assist in pursuing strategic alternatives, including a possible sale. Shares closed above $48, and reports said some analysts expected the ...

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